Asian Mineral Resources Limited

Asian Mineral Resources Limited

January 18, 2008 13:41 ET

Asian Mineral Resources Limited Announces Appointment of New Chief Financial Officer

TORONTO, ONTARIO--(Marketwire - Jan. 18, 2008) - Asian Mineral Resources Limited ("AMR" or the "Company")(TSX VENTURE:ASN) announced today that it has appointed Ms. Paula Kember as Chief Financial Officer effective immediately, subject to TSX-V approval which has been applied for. Ms. Kember replaces Mr. Harvey McKenzie. Ms. Kember's compensation includes 200,000 stock options which will vest at six-month intervals in accordance with the Company Stock Option Plan.

Ms. Kember is a chartered accountant with over 23 years of financial and administrative experience in the mining industry. From 1996 to 2006, she served as Vice-President, Finance of Philex Gold Inc. and previously was associated with Corona Corporation and PolyMet Mining Corporation. "We are pleased to welcome Paula as part of the increasing presence we intend to develop in Toronto. She brings a wealth of experience to the position of CFO and as a new member of the AMR team," commented Jim Askew, Chairman of the Board.

Company Profile:

Asian Mineral Resources Limited is currently engaged in the exploration and development of the Vietnamese located Ban Phuc Nickel Project in which it has a 90% interest.

For further details on the Company and the Ban Phuc Nickel Project please refer to the website at

Forward-Looking Statements

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Asian Mineral Resources Limited are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Asian Mineral Resources Limited's expectations are disclosed under the heading "Risk Factors" and elsewhere in Asian Mineral Resources Limited documents filed from time-to-time with the TSX Venture Exchange and other regulatory authorities.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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